dawn raid

dawn raid

n

(Stock Exchange) stock exchange an unexpected attempt to acquire a substantial proportion of a company's shares at the start of a day's trading as a preliminary to a takeover bid

dawn raid

The practice of buying a large proportion of a company’s stock as soon as the listing stock market opens. The intention is to acquire a significant holding in a company at everyday market prices as a prelude to a formal takeover bid, the announcement of which is likely to cause the market price to rise substantially.

New York, United States | AFP -- Swiss authorities arrested several football officials in a fresh wave of dawn raids early Thursday in a dramatic widening of the FIFA corruption scandal, the New York Times reported.

Yeddyurappa, facing political isolation within the BJP, compounded on Wednesday with the CBI conducting pre- dawn raids at his residences and offices in Bangalore and Shimoga in connection with illegal mining in the state during his tenure.

All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.